Tax Exemption for Seafarers on Indian Flag Ships

August 19, 2015

 

The National Union of Seafarers of India (NUSI) has informed has conceded to their demands of granting Income tax exemption to Indian seafarers sailing on Indian flag vessels. Accordingly, Union has stated that through a the Government of India circular the government has accepted the demand of NUSI to have no income tax for Indian seafarers working on Indian flag ships.

Indian flag ships whether on the coast or in foreign waters will now be considered totally as period in foreign waters.

Members of NUSI have appreciated the positive stand of the Government. In press release it was stated "NUSI and Indian seafarers are very happy due to this development and appreciate the efforts of Nitin Gadkari, Hon’ble Minister for Road Transport, Highways and Shipping  who has delivered, what he had promised, in the interest of thousands of Indian seafarers and their families. NUSI was able to achieve this important goal due to the strong support and trust of all seafarer brothers and sisters, the circular says."
 

Logistics News

BCT Gdynia Receives Two LHM 550 Harbor Cranes

BCT Gdynia Receives Two LHM 550 Harbor Cranes

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

DP World Dar Es Salaam Achieves Record Efficiency, Vessel Performance

DP World Dar Es Salaam Achieves Record Efficiency, Vessel Performance

Fincantieri to Build Third Hospitality Vessel for Marc-Henry Cruise

Fincantieri to Build Third Hospitality Vessel for Marc-Henry Cruise

Subscribe for Maritime Logistics Professional E‑News

Air Canada hires the top boss of Scandinavian Airlines to be CEO
Japan's ispace offers ride-sharing to the Moon with SpaceX Starship
Chevron tanker carrying CPC oil is hit by drones in the Black Sea